median 1,785 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 1,121 €/mo rent · you top up ~ 1,319 €/mo
~71,000 € ABOVE MARKET
overpriced
against the median for houses in Vinica (76 properties)
Strong investment rating
The rent covers 158% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 71,000 € above the typical price (the median) for houses in Vinica (76 properties) — 3,200 €/m² against 1,785 €/m².
House with an area of 50 sq m, located in the district of Vinitsa, Varna city. The property is on two levels with two bedrooms, living room with kitchenette, and storage room. It offers a functional layout, suitable for family living or a holiday home. Built of brick in 1990, with maintained common areas and renovated parts inside. It features a landscaped yard of 600 sq m and a sea view, access is via an asphalt road. The location is quiet, close to natural areas and with convenient access to Varna's urban infrastructure. The property is suitable for people seeking tranquility and the possibility for relaxation near the city.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,121 €. The rent covers the whole payment (158%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,785 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 1,121 €/mo rent · you top up ~ 1,319 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 12 yrs
median 1,785 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 1,121 €/mo rent · you top up ~ 654 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 1,121 €/mo rent · you top up ~ 476 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 1,121 €/mo rent · you top up ~ 632 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 1,121 €/mo rent · you top up ~ 609 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 19 yrs
median 1,785 €/m² for comparable properties
Rent covers ~ 56% of the payment
~ 1,121 €/mo rent · you top up ~ 898 €/mo